Issue link: https://beckershealthcare.uberflip.com/i/1497584
23 CEO / STRATEGY 20 hospitals with smallest CEO-to-worker pay ratios By Kelly Gooch C EO pay at large has been a target of criticism by workers in recent months, including physicians and travel nurses, and the issue has surfaced as healthcare professionals negotiate their own pay. Amid this criticism, Lown Institute, a nonpartisan think tank, has measured hospitals' and health systems' social responsibility via 53 metrics related to inclusivity, pay equity, community benefit, care value and outcomes. Below are the 20 hospitals out of 3,764 with the smallest gap in hourly wages between executives and hospital workers without advanced degrees, as measured by Lown Institute. Some of the 20 hospitals are part of the 21 health systems out of 307 with the smallest CEO-to- worker pay ratios, also measured by Lown. For both lists, the institute obtained data for CEO compensation from the Securities and Exchange Commission, public payroll data and IRS 990 filings from 2019. It obtained average worker wages from the CMS Healthcare Cost Report Information System. e institute included lower wage staff, such as janitorial and kitchen staff, and medical records personnel, and excluded professional staff such as physicians and nurse practitioners, whose jobs require specialized degrees. If hospitals lacked complete wage index information in the CMS Healthcare Cost Report Information System, Lown substituted the average wage for hospitals in the same state and urban or rural status. It estimated hourly wages for CEOs based on the work hours listed in their IRS forms, defaulting to 46 hours per week when the hours were not listed, and calculated a ratio of CEO pay to average worker pay. e following hospitals earned five stars from Lown, the highest rating available. 1. MUSC Medical Center (Charleston, S.C.) 2. Kiowa (Kan.) District Hospital 3. Ascension St Vincent's St. Clair (Pell City, Ala.) 4. Marias Medical Center (Shelby, Mont.) 5. Falls Community Hospital & Clinic (Marlin, Texas) 6. Ascension St. Vincent's Blount (Oneonta, Ala.) 7. Mercy Hospital Cassville (Mo.) 8. Mercy Hospital (Moundridge, Kan.) 9. Mercy Hospital Aurora (Mo.) 10. West Holt Memorial Hospital (Atkinson, Neb.) 11. Fairview Hospital (Great Barrington, Mass.) 12. ree Rivers Hospital (Brewster, Wash.) 13. North Valley Hospital (Tonasket, Wash.) 14. South Central Health (Wishek, N.D.) 15. Excela Health Westmoreland Hospital (Greensburg, Pa.) 16. Monroe County Hospital (Forsyth, Ga.) 17. Glenn Medical Center (Willows, Calif.) 18. Hanover (Kan.) Hospital 19. Baum Harmon Mercy Hospital (Primghar, Iowa) 20. Mercy St. Francis Hospital (Mountain View, Mo.) n 'World's Most Ethical Companies' list includes 6 health systems By Alexis Kayser S ix U.S. health systems were named to the Ethisphere Institute's "World's Most Ethical Companies" list — and all of them are recurring honorees. The Ethisphere Institute, based in Scottsdale, Az., defines and measures corporate ethical standards. Its annual "most ethical companies" list evaluates applicants in five categories: governance, leadership and reputation, culture of ethics, ethics and compliance program and environmental and societal impact. In 2023, 135 organizations were recognized, including the following six U.S. health systems: • Cleveland Clinic, 13-time honoree • HCA Healthcare (Nashville, Tenn.), 13-time honoree • University Hospitals (Cleveland), 11-time honoree • Northwell Health (New Hyde Park, N.Y.), eight-time honoree • Kaiser Permanente (Oakland, Calif.), five-time honoree • UPMC (Pittsburgh), five-time honoree Additionally, four health insurance companies made the list: • Blue Shield of California (Oakland), 11-time honoree • CareFirst BlueCross BlueShield (Baltimore), 11-time honoree • Health Care Service Corp. (Chicago), eight-time honoree • Cambia Health Solutions (Portland, Ore.), six-time honoree n